Friday, July 31, 2009

More Cash For Cash For Clunkers

With the unqualified "success" of Cash For Clunkers, it looks like Congress is trying to scrape up some more money to keep the insanely popular (but horrifically managed) program running.
The House raced Friday to pass legislation pouring an additional $2 billion into the popular — but financially strapped — “cash for clunkers” car purchase program.

Reps. Sander Levin, D-Mich., and Betty Sutton, D-Ohio, said the House planned to consider the additional funding after lawmakers from the two states were assured by Transportation Secretary Ray LaHood that the program would continue while the Obama administration looked for more money.

Democrats in the House were exploring the possibility of votes as early as Friday to replenish the funding. The Senate was not scheduled to vote on Friday but lawmakers hoped to win approval for additional funding next week.

Sen. Carl Levin, D-Mich., said the administration assured them “deals will be honored until otherwise noted by the White House.” But he suggested that “people ought to get in and buy their cars.”

Nice. I'd consider a little more than $2 billion there guys, but that's just me. The House kind of needs to get this done before they leave this weekend on vacation for sure. The Senate needs to as well. Nice to see Betty Sutton make up for dropping the ball on the program's original amount.

Still, even I would have to believe this will get through the Senate next week. Suicidal if they didn't. Even the GOP is not this dumb.

[UPDATE 11:40 AM] CNN is reporting that the White House is saying the program will continue through this weekend and beyond, so there will no interruption in the program. Trade in your clunkers, America!

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